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Which of the following statements is true? Multiple Choice Lower current ratios suggest greater liquidity. Companies should maintain the highest current ratio possible. Higher current

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Which of the following statements is true? Multiple Choice Lower current ratios suggest greater liquidity. Companies should maintain the highest current ratio possible. Higher current ratios suggest greater liquidity. Companies should maintain the lowest current ratio possible. Which of the following would not likely appear on a classified balance sheet? Multiple Choice Current assets Long-term liabilities Current retained earnings Long-term assets

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